chuck schumer and nancy pelosi, this summer suggest ad million dollars be the mark for which people begin to pay higher tax rates, not 2 a $50,000. so i think the president definitely stretched his definition of millionaires and billionaires by putting 250 rate income level as that rate but he is getting extension of unemployment benefits he wants as well. so he certainly outmaneuvered us on this one but the real irony here that this whole process was born out of deficit reduction. now the reports are it might add to the deficit. that is counter intuitive. gregg: or at least the 800 plus billion in new revenue would be wiped out by $800 billion into l new spending. it is dead-even and not a nickel goes to deficit reduction. kirsten, if that happens, won't the american people say, hey, wait a minute, wasn't this whole thing supposed to be about reducing the deficit? >> no, they won't. this is fundamental fun political point the republicans seem incapable of understanding. for all their claims this is what the country is obsessed with this is not what the country is obsessed with. gregg: wh